Reply
Go Back   TexasBowhunter.com Community Discussion Forums > Topics > Current Events - Politics and Such
 
Thread Tools Display Modes
Old 08-09-2018, 06:57 PM   #1
100%TtId
Ten Point
 
Join Date: Apr 2009
Default How Mexico will end up paying for the wall

PEMEX's loss is Texas' gain.

https://nexusnewsfeed.com/article/cl...-ban-fracking/

One of the dumbest decisions ever made. Mexico's de-reg'd power markets will love burning their expensive non-frac natgas.
100%TtId is online now   Reply With Quote Back To The Top
Old 08-09-2018, 07:22 PM   #2
flywise
Pope & Young
 
flywise's Avatar
 
Join Date: Oct 2006
Location: Kempner,Tx
Hunt In: Blanco, Nacadoches,NewMexico,Colorado
Default

Well, they get what they deserve
This man will lead them straight down the road of Venezuela. A road of extreme poverty
flywise is online now   Reply With Quote Back To The Top
Old 08-09-2018, 08:40 PM   #3
Playa
Pope & Young
 
Playa's Avatar
 
Join Date: Jul 2010
Location: Lubbock
Hunt In: Coleman
Default

Sounds like it is a token move as very little of their production is frac’d anyway, seems it would have little immediate effect.


Quote:
Originally Posted by flywise View Post
Well, they get what they deserve
This man will lead them straight down the road of Venezuela. A road of extreme poverty
You think illegal immigration is bad now. As crappy as their economy is, it is miles better than Venezuela. If Mexico becomes as economically crippled as Venezuela we won’t have a way to hold the mass of immigrants back
Playa is offline   Reply With Quote Back To The Top
Old 08-09-2018, 08:55 PM   #4
flywise
Pope & Young
 
flywise's Avatar
 
Join Date: Oct 2006
Location: Kempner,Tx
Hunt In: Blanco, Nacadoches,NewMexico,Colorado
Default

Quote:
Originally Posted by Playa View Post
Sounds like it is a token move as very little of their production is frac’d anyway, seems it would have little immediate effect.




You think illegal immigration is bad now. As crappy as their economy is, it is miles better than Venezuela. If Mexico becomes as economically crippled as Venezuela we won’t have a way to hold the mass of immigrants back
Oh i know. But that may be a continuation of their plan. Im sure they want as many of their citizens to break into this country as possible.
Like i said in another thread, we have 50 years left ( at least as we know it) unless there is a massive change event
flywise is online now   Reply With Quote Back To The Top
Old 08-09-2018, 09:45 PM   #5
Playa
Pope & Young
 
Playa's Avatar
 
Join Date: Jul 2010
Location: Lubbock
Hunt In: Coleman
Default

As for Mexico paying for the wall, seems we could simply use the $320 Mil in annual aid we give them until the wall is paid for.
Playa is offline   Reply With Quote Back To The Top
Old 08-09-2018, 11:06 PM   #6
Legdog
Pope & Young
 
Legdog's Avatar
 
Join Date: Oct 2006
Location: Austin
Default

I missed where it said how Mexico was paying for the wall.


Sent from my iPhone using Tapatalk
Legdog is offline   Reply With Quote Back To The Top
Old 08-09-2018, 11:34 PM   #7
BolilloLoco
Ten Point
 
BolilloLoco's Avatar
 
Join Date: Feb 2012
Location: Cypress
Hunt In: Old Mexico, Washington County & Harris County
Default

Quote:
Originally Posted by Legdog View Post
I missed where it said how Mexico was paying for the wall.


Sent from my iPhone using Tapatalk
I assume he means Mexico will be buying all its natural gas from us at an inflated rate.
BolilloLoco is offline   Reply With Quote Back To The Top
Old 08-10-2018, 12:39 AM   #8
MadHatter
Ten Point
 
MadHatter's Avatar
 
Join Date: Feb 2014
Default

Quote:
Originally Posted by Playa View Post
As for Mexico paying for the wall, seems we could simply use the $320 Mil in annual aid we give them until the wall is paid for.
At that rate, we would finish paying it off, sometime around the next ice age.
MadHatter is offline   Reply With Quote Back To The Top
Old 08-10-2018, 01:12 AM   #9
100%TtId
Ten Point
 
Join Date: Apr 2009
Default

Quote:
Originally Posted by BolilloLoco View Post
I assume he means Mexico will be buying all its natural gas from us at an inflated rate.
No, not at all.

Follow the energy supply chain from a global perspective.

Fracking generally makes new and existing wells more productive at a lower cost per unit of output. Lower cost production and more supply of energy commodities like crude and natgas lowers their price (assuming stable demand) and means electric power utilities with natgas fueled generation can produce power at a lower cost. Large power consumers like factories and steel mills can produce goods at a lower cost and be more competitive for goods exported to the global market. Ditto for crude and gasoline. Lower energy production costs also affect market shares of the producers. Lowest cost exploration always wins at any market price in commodities. Banning fracking in Mexico puts PEMEX at a cost-disadvantage compared to US-based exploration where fracking is allowed. All else being equal.

Natgas is the main feedstock in fertilizer. Mexico's agricultural exports are less price competitive when fertilizer costs are higher than compared to other exporters who use cheaper fertilizer thanks to cheaper natgas from fracking.

Cheniere will put their LNG export terminal in Corpus online later this year. The U.S. and Texas will have a stronger and cheaper supply chain available to serve the global markets. PEMEX again is at a disadvantage in the export market.

TransCanada now controls a substantial portion of the North American pipeline system from Canada to Mexico and will build out more lines where supply is plentiful and they can be assured to have shippers. Those areas of growth are where fracking is making supplies available and profitable, i.e.in the US, not Mexico (some exceptions here, but the trend shifts to fracking areas).

So, by banning fracking, PEMEX is less competitive, Mexican exports are less competitive, Mexican agri products are less competitive, and this makes the US the beneficiary in every way.

All this takes years to p!ay out. Mexico doesn't do much fracking now but they could and should.

All that increased economic activity in the US generates tax revenue for Washington who can then..... wait for it...

Spend it on a big beautiful wall.
100%TtId is online now   Reply With Quote Back To The Top
Old 08-10-2018, 04:31 AM   #10
Pedernal
Pope & Young
 
Pedernal's Avatar
 
Join Date: Oct 2011
Location: Del Rio
Hunt In: Amistad
Default

We need more than just a wall. Regardless if the scenario above plays out, there is a need to make it easier to legally bring in/import labor.

Currently, gasoline in Mexico is at around $4/gallon while wages for an average labor job are approximately $60-$80/week. Even at $80/week just imagine if gasoline was that espensive here as it relates to price ratio when compared to weekly salary. In Mexico, 20 gallons of gas will blow the entire weekly salary. Obviously, people earning that amount are probably not vehicle owners but that was just to give a perspective on the economic situation there.

I have heard that Walmart pays as much as $13/hour at certain stores for those that gather carts and bring them back into the store. There are hundreds of examples of jobs here that pay more in a day than could be made there in a week. This is just Mexico, there is the rest of Central and South America which are probably in a similar or worst economic situation.

None of these numbers are going to improve regardless of fracking being allowed or not in Mexico.
Pedernal is offline   Reply With Quote Back To The Top
Old 08-10-2018, 02:42 PM   #11
SmTx
Pope & Young
 
SmTx's Avatar
 
Join Date: Sep 2008
Location: San Marcos/Hempstead
Hunt In: Jim Wells
Default

Y'all got it all wrong.
Attached Images
 
SmTx is offline   Reply With Quote Back To The Top
Old 08-10-2018, 03:56 PM   #12
flywise
Pope & Young
 
flywise's Avatar
 
Join Date: Oct 2006
Location: Kempner,Tx
Hunt In: Blanco, Nacadoches,NewMexico,Colorado
Default

Quote:
Originally Posted by Pedernal View Post
We need more than just a wall. Regardless if the scenario above plays out, there is a need to make it easier to legally bring in/import labor.

Currently, gasoline in Mexico is at around $4/gallon while wages for an average labor job are approximately $60-$80/week. Even at $80/week just imagine if gasoline was that espensive here as it relates to price ratio when compared to weekly salary. In Mexico, 20 gallons of gas will blow the entire weekly salary. Obviously, people earning that amount are probably not vehicle owners but that was just to give a perspective on the economic situation there.

I have heard that Walmart pays as much as $13/hour at certain stores for those that gather carts and bring them back into the store. There are hundreds of examples of jobs here that pay more in a day than could be made there in a week. This is just Mexico, there is the rest of Central and South America which are probably in a similar or worst economic situation.

None of these numbers are going to improve regardless of fracking being allowed or not in Mexico.
Your right fracking is not.going to improve things down there. Their biggest problem is the same one that exist around the world, political corruption. Until these poor broken countries fix that, they will remain poor. And we can't do anything about that.

Last edited by flywise; 08-10-2018 at 04:21 PM.
flywise is online now   Reply With Quote Back To The Top
Old 08-11-2018, 04:33 PM   #13
RiverRat1
Pope & Young
 
RiverRat1's Avatar
 
Join Date: Dec 2007
Location: Leander
Hunt In: San Saba
Default

Quote:
Originally Posted by flywise View Post
Your right fracking is not.going to improve things down there. Their biggest problem is the same one that exist around the world, political corruption. Until these poor broken countries fix that, they will remain poor. And we can't do anything about that.
That and it's really none of our business.
RiverRat1 is online now   Reply With Quote Back To The Top
Old 08-13-2018, 08:33 AM   #14
systemnt
Pope & Young
 
systemnt's Avatar
 
Join Date: Aug 2009
Location: Montgomery
Hunt In: South Texas
Default

Quote:
Originally Posted by RiverRat1 View Post
That and it's really none of our business.
That may work in other 'conflicts'... but it really is our business.
It effects the US directly.
It effects the US Economy,
It effects the US Education system.
It effects the US political system.
It effects the US health care system.
It effects it's border security and policies.
It effects it's security for US Citizens.
It effects it's safety
It effects it's sovereignty.

So yes..it is really our business.
systemnt is offline   Reply With Quote Back To The Top
Old 08-14-2018, 09:48 AM   #15
jer_james
Ten Point
 
jer_james's Avatar
 
Join Date: Dec 2014
Location: North Dallas
Default

Quote:
Originally Posted by systemnt View Post
That may work in other 'conflicts'... but it really is our business.
It effects the US directly.
It effects the US Economy,
It effects the US Education system.
It effects the US political system.
It effects the US health care system.
It effects it's border security and policies.
It effects it's security for US Citizens.
It effects it's safety
It effects it's sovereignty.

So yes..it is really our business.
Agreed
jer_james is online now   Reply With Quote Back To The Top
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 07:36 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2018, vBulletin Solutions Inc.
Copyright 1999-2012, TexasBowhunter.com